Editor
Zomato said on Wednesday it will acquire the movie and events ticketing businesses of digital payments firm Paytm for $244.2 million (roughly Rs. 2,049 crore) as the food delivery platform looks to beef up its fast-growing ticketing business.
The acquisition bolsters Zomato’s presence in India’s online ticketing market for movies and live events, currently dominated by Reliance-backed BookMyShow.
Paytm, which has been BookMyShow’s closest…
